Calculators
Mortgage Calculators
Six calculators for the arithmetic California borrowers actually face. Each one shows the formula it uses and works an example with its starting numbers, so you can check the math by hand. Results are estimates for planning — not a quote, an approval, or an offer of credit.
Start here
Start with the one that matches your job: buying a home — the payment calculator; refinancing — the break-even calculator; drawing on equity — the cash-out calculator. Whichever you open, the formula prints beside the result so the arithmetic can be checked.
The calculators
California Mortgage Payment Calculator
Builds a monthly payment from principal and interest, property taxes, insurance, and mortgage insurance, so the total is the one a lender would qualify.
Debt-to-Income Calculator
Divides your monthly debts by your gross monthly income the way lenders do, and shows which debts are doing the damage.
California Closing Cost Calculator
Estimates cash to close: down payment, lender and third-party charges, prepaids, and the first escrow deposits, minus credits and deposits already paid.
Property Tax and Insurance Estimator
Estimates the tax and insurance part of a California housing payment from the purchase price and the Prop 13 rules, including the first-year supplemental effect.
Refinance Break-Even Calculator
Divides a refinance's costs by its true monthly saving — and shows total interest over the loans' lives, so a longer term cannot hide inside a lower payment.
Cash-Out Refinance Calculator
Works out how much equity a cash-out refinance can reach at a given loan-to-value, what the new payment looks like, and what the cash costs over time.
Before you trust a number
Use your county's tax figures rather than a national average, and include mortgage insurance when your down payment calls for it. Compare loans over the years you will actually keep them, not over a full term you will not serve.
A California mortgage question? Talk with Loi directly.
A consultation is a conversation, not an application. Loi will walk through your numbers, say plainly whether the loan fits, and tell you what it would take to qualify — whether or not you move forward. No credit pull to start.
Call Loi — 415-297-6703 Get a consultation Apply with Loi at Loan Factory